RISK MANAGEMENT SYSTEM IN DECISION-MAKING AT THE ENTERPRISE IN THE CONTEXT OF SUSTAINABLE DEVELOPMENT
Abstract
Risk management plays a key role in an indefinite time, while preventing corporations from acting rigidly and incorrectly. As a result, this allows companies to become more flexible and stable. Global turbulence as a condition greatly deepens the environmental and socio-economic context of deep uncertainty. This causes organizations to more carefully consider the risk factors that affect their continuity of business, as well as the problems of stability. However, there is a rupture in knowledge of how risk management systems relate to stability management systems, and how they both have an impact on business efficiency, especially from a theoretical point of view. The new interpretative basis for the analysis of risk management strategies in organizations allows you to define in economic hermeneutics as an innovative methodological tool for improving the knowledge of risk and developing the most appropriate management strategies. The document gives two main results: the first is the construction of a theoretical model that connects the management of risks with enterprise management. Also, this operational framework of a multidimensional risk assessment is useful for analysis at different levels (business, competitive scenario and system). The study of entrepreneurial risk has revealed the main components of its essence, which allow to comprehensively and comprehensively describe this concept: risk as a phenomenon, risk of the enterprise as a whole and risk of activity of the enterprise. Thus, the economic category of risk can determine both the potential danger and probability of losses, and a positive result is more than the projected survey. The management of the enterprise's risk is defined as a system of purposeful measures aimed at identifying and assessing the degree of the total risks that affect the activity of the enterprise in order to develop mechanisms for counteracting their possible negative impact. In this case, risk management should have its own strategy and tactics, which need to be systematically coordinated with a number of other system characteristics and economic criteria for the effective functioning of the enterprise.
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